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HB142: relative to liability for deferred property taxes.

Citation
2019 HB142
Official source

Bill details

Version history, amendments, and roll-call votes were not present in the imported local bill data.

House status
Inexpedient to Legislate
Committee
House Municipal and County Government
Hearing
01/22/2019 at 10:50 AM
Selected version
Current official bill text

Sponsors

Topics

Local government Housing and property Taxation

Official links

HB 142 - AS INTRODUCED

2019 SESSION

19-0077

05/10

HOUSE BILL 142

AN ACT relative to liability for deferred property taxes.

SPONSORS: Rep. Belanger, Hills. 27; Rep. McGhee, Hills. 40; Rep. Carson, Merr. 7; Rep. St. John, Hills. 27; Rep. Beaulieu, Hills. 45; Sen. Gray, Dist 6

COMMITTEE: Municipal and County Government

ANALYSIS

This bill provides that, if the owner of property subject to a tax deferral dies, the mortgage holder must pay all deferred taxes before selling the property in a foreclosure proceeding.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

19-0077

05/10

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nineteen

AN ACT relative to liability for deferred property taxes.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Persons and Property Liable to Taxation; Tax Deferral for Elderly and Disabled; Repayment of Taxes Deferred Prior to Foreclosure. Amend RSA 72:38-a III to read as follows:

III. If the property is subject to a mortgage, the owner must have the mortgage holder's approval of the tax deferral. Such approval does not grant the town a preferential lien; however, if the property owner dies and the mortgage holder forecloses, the mortgage holder shall pay the deferred taxes plus any interest due in full and the municipality shall provide a recorded written release or satisfaction of the notice of tax deferral prior to sale of the property.

2 Effective Date. This act shall take effect January 1, 2020.